Chicago's travel guides often refer to FAO Schwarz as an institution in the toy business. “What Michael Jordan is to basketball, FAO Schwarz is to toy stores,” touted one promotion. So it was with a pang of sadness...
CEOs of publicly traded companies are pulling their hair out these days trying to muddle through the laundry list of mandates included in the Sarbanes-Oxley Act, which regulates the accounting industry and aims to...
As 2002 limps across the finish line, the men and women who run the commercial real estate industry are looking to the Middle East for hints of what 2003 will bring. Industry execs agree on two points: The U.S. is all...
Throughout much of the 1990s and early 2000, capital preservation was an endangered investment species. That's not surprising, given the fact that the Dow Jones Industrial Average soared from 4000 in 1994 to 11700 in...
Remember a year ago, when economic pundits predicted a V-shaped recession with a dramatic rebound in the first half of 2002? Well, Sam Zell didn't put much stock in that forecast. He went on record saying a turnaround...
The effort to revive State Street, the famous shopping district in the Windy City that includes such venerable institutions as department store Marshall Field's and the Chicago Theater, have hit a bump in the road...
SAN DIEGO — Ironically, the relatively weak economy has strengthened the corporate real estate executive’s role in the boardroom as companies search for ways to generate cash and boost profits...
The effort to revive State Street, the famous shopping district in the Windy City that includes such venerable institutions as department store Marshall Field's and the Chicago Theater, have hit a bump in the road...
Whenever I pose a question to brokers, developers or lenders about the underlying causes for rising vacancies and declining rents in the office market, invariably I hear the following response: “This is a demand...
In today's tumultuous business climate, punctuated by volatility on Wall Street, are commercial real estate brokerages a good match for the public markets?As a rule, “no,” says Brett White, president of Los Angeles...
